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Gold rises as a weaker US Dollar and uncertainty around monetary policy continues. ISM data later today before all attention turns to US jobs data later in the week. Trendline break and price action hint at at a potential rise toward the $2370 resistance handle. Market participants are closely watching...

Gold Price Update: XAU/USD rises as search for catalyst rumbles on

Gold prices edged higher on Monday, buoyed by some short covering from investors with focus turning to U.S. jobs data due later this week that could offer more cues around interest rate cuts by the Federal Reserve. Spot gold was up 0.1% at $2,328.15 per ounce. Prices registered a more...

Gold holds ground as investors await U.S. jobs data

Gold and silver have captivated investors for centuries, offering a potential hedge against inflation and economic uncertainty. Whether you're a seasoned investor or just starting out, these precious metals can add a layer of diversification to your portfolio. Precious Metal Prices Today. Gold has performed very well in 2024, climbing...

How to invest in gold and silver using Prepper Bars

FXDailyReport.com

Although, the previous price development of Bitcoin has been showing a downward trend, the latest statistics disclose a significant spike. As per the reports, the chief crypto token has commenced the 2nd half of the year 2024 by spiking from the 60K zone to 63.7K with continued net inflow recovery. This indicates a bullish development as the top cryptocurrency is jumping from the downward widening wedge pattern.

Bitcoin Leaves the Downward Widening Wedge Pattern

NEW YORK -- U.S. stocks drifted to a mixed finish Monday, and yields jumped in the bond market as elections continue to drive swings in financial markets worldwide. The S&P 500 rose 0.3% to kick off a shortened, four-day week that includes the Fourth of July holiday. The Dow Jones Industrial Average edged up by 50 points, or 0.1%, and the Nasdaq composite gained 0.8%.

Stock market today: Wall Street drifts, yields jump and Paris stocks soar as elections drive markets

Investing.com - ABN Amro has published a cautious outlook for the gold price until the end of 2024 and maintains its year-end forecast of $2,000 per ounce. Currently, one ounce of gold costs $2,327.28. In their latest report, Georgette Boele, Senior Economist in Sustainability at the bank, highlights several factors influencing the current state and future developments of gold prices.

Gold Price Forecast: ABN Amro Maintains $2,000 Target for Year-End

The first half of 2024 has been one of the intense activities in the broader cryptocurrency ecosystem, beginning in January when the United States Securities and Exchange Commission (SEC) approved the spot Bitcoin ETF. As the second quarter winds down, a report notes that crypto investors are contemplating Bitcoin’s next...

Bitcoin Investors Contemplate Future as ETF Hype Fades

Markets Insider

The stock market is in for a correction, as a trio of unfavorable factors will weigh on equity prices, according to Sam Stovall, chief investment strategist of CFRA Research. The Wall Street veteran pointed to the strong performance of stocks so far this year, with the S&P 500 up 15% in 2024. However, the benchmark index is poised to dip 5%, he predicted, thanks to the bearish setup in interest rates, inflation, and stock valuations.

A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says

Of all the markets tracked by Rick’s Picks, the dollar arguably has been the most interesting. This might seem paradoxical, given the relatively placid look of the Dollar Index chart above. Although there has been moderate turbulence since early last year, the overall impression is of a transoceanic flight cruising within a vertical range of several thousand feet. Most striking has been the dollar’s ability to hold aloft a mere 4% below 2022’s peak of around 115. This is tough to square with apparent reality, since the greenback’s global hegemony for the last 90 years has come under increasing challenge — from the BRICs, for one: Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. It were as though they had ganged up on the schoolyard bully, changing the way international trade in goods and commodities is settled so that dollars are disfavored in every meaningful way possible. Most recently, the Saudis announced with some fanfare that they would sell as much oil as demanded of them for payment other than in dollars. As the chart makes clear, however, if this had any discernible impact on greenbacks, it was to have caused their slight rise. Why the seemingly anomalous behavior?

Dollar Derangement Syndrome

Fox Business

A report released by the World Gold Council in June found that central banks added the second most gold reserves on record in 2023 as analysts see a potential price surge.

Central banks grew their gold reserves in 2023 as analysts see potential price surge

The stock is trading near historic lows; it could be time to buy. Ulta Beauty is down but definitely not out. The stock market is generally going like gangbusters, reaching all-time highs. Stocks like Nvidia and Microsoft are forging the path. But with price-to-earnings (P/E) ratios of 73 and 39, respectively, value investors are looking beyond these tech titans.

After Plummeting 33%, This Growth Stock Looks Like a Terrific Buy

"The bar for being short equities right now is very high given these upcoming flow and random market dynamics," Goldman Sachs' Scott Rubner said.

Stocks are about to hit a 'wall of money' that will drive the market to record highs in July, Goldman Sachs says

Bitcoin's 10% sell-off since June 7 signals a warning for the broader stock market. Stifel strategist Barry Bannister highlighted a strong correlation between bitcoin and the Nasdaq 100. Bannister said he expects a summer correction in stocks, influenced by higher-for-longer interest rates. Bitcoin's 10% sell-off since June 7 is sending...

Bitcoin is sending a warning that the stock market is about to sell off, Stifel says

A colleague recently discovered a website called "WTF Happened in 1971?" The entire main page is filled with charts and graphs. All of them show some kind of significant shift beginning in 1971. There are over 75 of them!. Here are just a few examples:. Here is some more data...

What in the World Happened in 1971?

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Total Apex Sports & Entertainment

The number of relationships and marriages ending because of disloyalty are on the rise. Loyalty plays a key role in strengthening partners’ bond. Yet, some zodiac signs are more loyal than others. They remain committed and faithful to their partners throughout. Loyalty and honesty increases a person’s trust for you.

3 Zodiac Signs Who Are The Most Loyal

WTI crude oil recently busted through the resistance around the $82 per barrel mark and zoomed up to a high of $82.70 per barrel before retreating. Price is retesting the broken ceiling that now seems to be holding as support. The Fibonacci retracement tool shows that this lines up with...

WTI Crude Oil Price Analysis for July 1, 2024

Reuters

NEW YORK (Reuters) - The dollar slipped against the euro on Monday, as the common currency recovered from the more than one-month lows hit last week amid political turmoil in Europe.

Dollar slips against euro as European political jitters subside

LONDON (July 1) Gold (XAU/USD) edges lower to chart support on Monday as it continues trading in the range it has been in since it peaked at its all-time high of $2,450 on May 20. Uncertainty over when the US Federal Reserve (Fed) will begin cutting interest rates keeps investors...

Gold consolidates amid investor uncertainty

U.S. Treasury yields were higher on Monday as investors awaited key economic data due this week and digested the latest inflation insights. Yields and prices move in opposite directions and one basis point equals 0.01%. Treasurys. Investors considered the latest economic data and looked ahead to insights from the labor...

10-year Treasury yield climbs as investors look to data in week ahead

Bitcoin witnessed a significant uptick in price, causing bears to get liquidated. Overall long positions grew, and interest in ETFs surged. After hovering around the $60,000 mark for quite some time, Bitcoin [BTC] witnessed some positive price movement, injecting hope into optimistic bulls. Short sighted. Even though the bulls rejoiced,...

Bitcoin soars: Short squeeze liquidates bears as bulls eye further gains

NewsBreak

Gold: Bull-Flag Breakout in the Cards - Watch for a Surge Above $2,365

LONDON (July 1) Gold edged higher last week to close flat on the month. The dollar Index registered a small gain on the month, suggesting gold...

Gold: Bull-Flag Breakout in the Cards - Watch for a Surge Above $2,365

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